Money, explained in Money as Debt. What is it, and how is it created? Watch and see. But be warned. What starts out as an explanation of how banking came about, veers radically, into deliberate propaganda. Still I urge you to stick with it because it provides a learning of a different sort - how easily those seeking to learn can be misled.
April 30, 2011
April 29, 2011
Check out this catchy new tune The Stand by Mother Mother. The lyric "everyone's &$@ed and they don't even know" really reminds me of a big portion of the American electorate by the way. I'll let you hypothesize which portion that might be...
Oh, and be careful - at the very end, it isn't bleeped.
Firstly, my apologies for the lack of posts over the last couple of days. That's for anyone who cares. I have been in all day meetings this week and have had little time to write and even less time to post. The observations below were written yesterday but I had no opportunity to post them at all. My days have been running from 6 am to just about midnight with very little break or travel time.
So should my life.
So should my life.
April 26, 2011
Here's two quick observations on the birther scenario - one relating to birthers and one to the president.
Firstly, I'm no birther by any stretch. Even if those claims of illegitimacy turned out to be true, the fact remains the damage Obama has done to the country has already happened or is happening now. By the time it all got sorted out it would be election time anyway. Which brings me to my first observation.
April 25, 2011
I know, I know, "pwns" is such a stupid non-word but it so aptly describes the exchange. Over at The Right Scoop there was a great documentary series from British Harvard professor Niall Ferguson on the history of the West and whether the West is now set for a decline. It led me to three distinct thoughts. Firstly, even though it's been covered off by Right Scoop, I want to restart my Saturday Learning Series and I think the series is so important and well done, that I have to include it in the near future, perhaps even starting with the first episode of six this weekend. Secondly, it gave me a couple of great post ideas that I definitely will follow up on as soon as I can*. Thirdly it made me question who Niall Ferguson is and I did a bit of research on him. The results turned out to be pretty sweet.
April 24, 2011
Some Easter posts for you. I'm busy making ham...
Backyard Conservative's He is risen, Alleluia.
An Ol' Broad's He is risen.
From The Liberal Lie, The Conservative Truth, He's alive, Happy Easter.
From Always on Watch: Semper Vigilans - My Redeemer lives.
And via Sarah Palin information, one more Happy Passover wishes to our Jewish friends from Palin herself. Let me add my wishes to that as well.
April 23, 2011
It's been too long since I've put a Saturday Learning Series post on Nonsensible Shoes. I've got a few lined up that are worth sharing from various sources I've found over the past little while, on subjects worth including. Today, there's a video I found that is really worthwhile. Nick Crawford has a five and a half minute video that details what every conservative must recognize when it comes to debating liberals. Specifically, recognizing fallacies in logic. A lot has been made of President Obama and his straw man arguments, or false choice arguments. Recognizing fallacies in logic is important and this short but effective, and mildly entertaining video does a great job showing things to look for when debating liberals. Don't let them get away with it, and don't fall into the trap of making these types of arguments yourself.
A quick search on China's XinhuaNews reveals four recent stories related to inflation. If inflation is a problem in China, it is not going to be alone. With gas and food prices on the rise across the globe, and massive quantitative easing in the U.S. and a number of other countries over the last couple of years, Chinese inflation will only exacerbate the potential for a global inflationary spiral. So what's going on in China?
April 22, 2011
April 21, 2011
[Sorry for the spate of links here, but it is necessary for validation purposes.]
Apple is named technology's least green company. As Drudge points out, Al Gore is on the Board of Directors at Apple. Okay, that's just a little bit hypocritical but Gore can always claim he wasn't aware of the bad practices. But there's still more linkage. Apple it turns out is stalking you. It's tracking your movements if you use their devices. You might ask 'why is Apple tracking me'? That's big brother scary but Apple says there's a reason for it.
|Get the bumper sticker.|
Ed Morrissey at Hot Air writes perhaps the most politically astute paragraph I have read this year. In particular, while the paragraph positions the debt ceiling fight on good ground for Republicans, his last sentence is amazingly precise on how to deal with President Obama's personal approval ratings - an item which will be key in 2012.
"Expect to hear more of the argument that Republicans agree with Barack Obama — circa 2006, though, not 2011, on debt ceilings. Crowley notes that the White House now says that Obama regrets the vote, and it’s clear that he does, but for all the wrong reasons. Republicans have a good argument in this case that a vote against a debt-ceiling hike is a mainstream and not extreme position, but that enabling trillions more in deficit spending is not just extreme but also extremely dangerous. For the White House to argue otherwise is to admit that Obama really was the emperor who wore no clothes in 2006, just a year before he claimed to have all the expertise necessary to be President of the United States."
It sets up the following alternate explanations of the Obama flip-flop on the debt ceiling, none of which show the President in a positive light.
April 20, 2011
Crude oil prices are currently sitting at $107 per barrel. That's high, but a lot of reports in the media have called it a spike. Is it a spike? Maybe. I went back into history and got some data from Inflation Data on both nominal and inflation adjusted crude oil prices since 1946. It doesn't look like a spike, it looks more like a trend, even where the inflation adjustment is available, prices are almost uniformly uni-directional.
April 19, 2011
You can sneak into the country illegally. That's okay. You can run the debt up to unsustainable levels - he'll sign off on that. You can talk down and denigrate your political opponents, also okay. Well, if you are a liberal at least. But don't, DON'T challenge the President in an interview.
I'm busy again today, but perhaps a quick post or two. This one is a must see video from Allan West when he was running for Congress. This man would make a fine candidate for President of the United States. You can't listen to this speech and not be inspired.
April 18, 2011
In light of a PPP poll among Republican voters that shows Palin trailing Trump, Huckabee, and everyone else on down to Keenu Reeves, Brietbart TV has video of the Palin speech that I referenced the other day. PPP is a Democratic polling firm, and have some skin in the game of keeping Palin out of the running as long as possible. But when you see this speech, it shows why liberals are scared of her and want the narrative to be that her candidacy has jumped the shark.
It hasn't. I was getting skeptical about her making a run in 2012, but with speeches like this, I'm beginning to think that she's still got a shot and she's ready to take it.
April 17, 2011
I've got no time to post today, but here are some fine folks worth reading while I'm unavoidably detained. I'm not really detained, I just wanted to use the phrase, it sounds rather British. I'm also not British, but I've enjoyed and appreciated some of their fine politicians...I digress.
Take a look at these blogs if you haven't before. There is some quality reading there.
April 16, 2011
The same story is in a bunch of different news reports, but here's the relevant portion from AP.
MADISON, Wisconsin (AP) — Sarah Palin told a rally on Saturday that Wisconsin's governor is doing the right thing by demanding more concessions from public employees' unions.
Braving snow showers and a frigid wind outside the state Capitol building, the former Alaska governor and Republican vice presidential candidate told tea partyers she's glad to stand with Republican Gov. Scott Walker.
Hundreds of labor supporters surrounded the rally, trying to drown Palin out with chants of "Hey-hey, ho-ho, Scott Walker has got to go!" and "Recall Walker!"
"Hey, folks! He's trying to save your jobs and your pensions!" Palin yelled into the microphone. "Your governor did the right thing and you won! Your beautiful state won! And people still have their jobs!"
You might think Palin's being down in the polls would discourage her from running for president in 2012. It may yet. But it clearly hasn't damped her spirits or her ability to deliver a gutsy, heartfelt speech one bit. Protesters don't intimidate her, so stacked polling isn't going to factor into her decision either.
In the continuing saga of the Trump GOP run, it looks like my first instinct that Trump was a Democrat mole as a GOP candidate. My initial reaction - not so oddball if what ABC news reports is correct:
The man behind Donald Trump's possible 2012 presidential campaign is a registered Democrat who voted for Barack Obama in 2008.
Not only that, but Michael Cohen, an executive at the Trump Organization who doubles as Trump's chief political adviser, once volunteered for 1988 presidential candidate Michael Dukakis and worked for a Democratic member of Congress.
I've discussed Trump a lot lately. There's a lot of possibilities as to what's going on. The mole scenario is a little less conspiratorial-looking right now. None of the points on the ABC News report confirm Trump is a Democrat ruse to lure moderate voters away from the GOP, but it certainly doesn't indicate anything different either.
April 15, 2011
Unless President Obama wants to give the GOP credit for the work he has begun in earnest, this quote is entirely misdirection:
CHICAGO (AFP) – US President Barack Obama accused Republicans of wanting to turn the United States into a "Third World" country as he rallied support for his reelection campaign.
The attack came a day after Obama savaged Republican budget plans and unveiled his $4-trillion deficit reduction drive that aims to raise taxes on the wealthiest Americans in order to preserve key social services.
The debate over fiscal policy will prove critical to the 2012 campaign and Obama sought to frame it as a "stark choice" between investing in the future or watching the country fall apart.
"Under their vision, we can't invest in roads and bridges and broadband and high-speed rail," Obama told a select group of the Democratic faithful at the second of three fundraising events in his hometown of Chicago.
"I mean, we would be a nation of potholes, and our airports would be worse than places that we thought -- that we used to call the Third World, but who are now investing in infrastructure."
The real culprit Mr. President is the party in power from 2009 until 2011 in the White House, Congress and Senate, who added excluding the impact of Obamacare and the deliberate ignoring of the problems with Social Security, Medicare and Medicaid.
The President inherited a ridiculous $10.626 trillion debt the day he took office. That took 232 years to accumulate. Today it stands just under $14.3 trillion. That's nearly $4 trillion in two years. During his presidency, Obama has been able to match 34.5% of the previous 232 years of debt. Talk about overachieving. Now to try to pass the credit for the U.S. future inability to pave it's roads onto Republicans is dishonest Mr. President. You deserve the credit.
Donald Trump has caused a miniature firestorm on conservative blogs, from the big ones to the small ones, everyone on the right has an opinion. I'm sure those on the left have been talking about it a lot too although in an entirely different context. That's not important - Trump is not flirting with running as a Democrat, he's thinking of running as a Republican. That means it's the business of conservatives and Republicans right now. People have been pretty vocal. That's good - debate is a great thing and unlike many on the left, we encourage internal debate because debate and competition we believe, are healthy things. But it seems to me the debate has gone off on some weird tangent concerning Trump's positive or negative impact on conservatism and the Republican party.
Some counter-culture on China's rise. Is China in trouble? Is it facing a housing bubble ready to burst? These videos make a case that it's going to burst. But as long as they are getting so much debt interest from the U.S., it's possible that they can continue to waste it on empty condos because it is a command economy. So what's the limit for a command economy wasting money to maintain GDP growth? Is it all artificial? It's too hard to tell if the Chinese economy is sustainable, but these videos are pretty stark.
April 14, 2011
How on earth was that a deficit reduction speech? It was vitriolic, partisan, filled with numbers pulled out of the air, and farcical accounting tricks. But he wants to go back to killing the Bush tax cuts for the 'rich'. And he doesn't want to give up spending money.
He's a progressive. He's a tax and spend liberal. I know, I've gone beyond 3 words. I refer you back to the first three words. That's more words than that speech deserved. And to go even further, Charles Krauthammer did it in one word:
Kudos to Krauthammer for such accurate brevity. And he did it faster than me too.
April 13, 2011
From my other blog, The Uncool Whip, a piece on Nancy Pelosi's continuing effort to be outrageously wrong and out of touch with reality. It's not just sad, it's disturbing.
April 12, 2011
|I'm a tough guy. Syria-sly. I mean it.|
Finally President Obama has gotten semi-serious on Syria. The Guardian reports;
Today, after a reported 200 deaths over a couple of weeks during which the Syrian regime has been using live ammo against its own citizens and by its own admission, the White House condemned the regime:"We are deeply concerned by reports that Syrians who have been wounded by their government are being denied access to medical care. The escalating repression by the Syrian government is outrageous, and the United States strongly condemns the continued efforts to suppress peaceful protesters. President Assad and the Syrian government must respect the universal rights of the Syrian people, who are rightly demanding the basic freedoms that they have been denied."
The budget battle for 2012 is clearly laid out. With the IMF calling out the U.S. and even the AFP (Associated Foreign Press) admitting some very shocking things the budget for 2012
is has to address certain things and it's pretty clear what.
From the Financial Times, the International Monetary Fund has rebuked the US on it's budget deficit;
The US lacks a “credible strategy” to stabilise its mounting public debt posing a small but significant risk of a new global economic crisis, says the International Monetary Fund.
In an unusually stern rebuke to its largest shareholder, the IMF said the US was the only advanced economy to be increasing its underlying budget deficit in 2011 at a time when its economy was growing fast enough to reduce borrowing.
That about sums it up.
April 11, 2011
Michigan - Tea Party banners were banned from a Tea Party rally because they were too controversial. Free speech is being tortured to death by political correctness and those who don't like what's being said. Lindsey Graham's recent comments come to mind, but this is even more of a violation of First Amendment rights than the Graham wish list.
It's a slow agonizing death for free speech and it's being perpetrated by the left with political correctness and now more directly by banning free speech. Watch for book burnings with Thomas Paine, Milton Friedman and The Federalist Papers on the the menu. The Constitution's next.A federal lawsuit claims a Branch County tea party group was denied the right to display banners and signs at a tea party rally at a public park in Coldwater because it was “too political” and “too controversial.” The Coldwater City Council then passed a resolution banning all banners and signs in that park.
The Thomas More Law Center law firm filed its lawsuit last week in the U.S. District Court for the Western District of Michigan. Attorney Robert Muise of the Thomas More Law Center alleged that Coldwater City Manager Jeff Budd objected because the Common Sense Patriots of Branch County were “too political” and “too controversial.”
How conservatives every thought we could win anything in Washington state has been clearly delusional. A school in Seattle has decided that Easter Eggs have got to go. Progressivism, never stops, and never tires of being incredibly silly in the process. For progressives it's all about the goal - deconstructing the Constitution and the principles of freedom until the United States is just another socialist nation.
George Soros, billionaire, socialist, and anti-American agitprop conduit has always wanted to see the U.S. fail, and sink itself as the global superpower. Either he's doing it deliberately or out of a complete misunderstanding of what made the country great.
If you haven't seen the Paul Ryan Path to Prosperity video outlining the Republican 2012 budget in terms of what they are up against, here it is. This doesn't talk about the specifics of the plan, just the net effect of the spending cuts. It's an important comparison, but it is just the starting point of the coming debate.
It's early I know but there's already so much competition for RINO of the Year (formerly Squish of the Year) that it's best to do a 1st Quarter checkpoint so that later in the year we won't forget who absolutely does not belong in the Republican party. Here are 5 nominees for this year.
April 10, 2011
Sunday afternoons get me thinking about the NFL and with the possibility of a lockout, I'd have to say I'd really miss next year if there were no season. BUT, and it's a big 'but', I'm not so sure I favor an anti-trust lawsuit against league owners. Perhaps there is some anti-trust aspect to the lockout - I'm not sure my opinion on that yet - but conceptually I do have one problem with the players' union pursuit of a lawsuit. Quite simply if the players can collectively strike, why can't owners do something collectively too? How is it anti-trust for owners and not unions?
April 9, 2011
|So many ways to add a metaphor...|
The government is not shutting down. At least for now. Who won? Who lost? What really happened? Time for a quick assessment of the outcome. Here's a quick look at what the various parties concerned with the deal get and my two cents on what it means.
April 8, 2011
|Lost in thought or just the attempt?|
Really Harry? Are you that dumb or that smart? Either Reid doesn't get that the country is going broke and the resulting voter anger over it, OR, he is using the opportunity to move the debate to territory he feels is more favorable to him because he really wants a shutdown but doesn't want the blame. So which is it? Scheming politico or out of touch and obstinate?
[As an added wrinkle, Boehner says that they do indeed have an agreement on the social issue stuff and it is in fact really about the numbers.]
This is just the beginning. A Facebook effort to dump trash on Rep. Boehner's lawn - at his home - in the event of of a government shutdown. Not Harry Reid's lawn mind you. The left doesn't blame him, just Boehner. This is purely politics and more specifically the politics of deception.
Prosser wins the election for the seat on the Wisconsin Supreme Court. Or it appears, he has won, thanks to a dramatic vote counting error that has now been fixed. I don't know why this has a feel of the 1980 U.S. Olympic hockey team win over the Russians. Maybe it has to do with the fact that it's a stunning upset in the face of an all out union assault on the campaign in order to support of the union-friendly candidate Kloppenburg. Given that massive effort and the not-so-surprising tightening of the race where bit by bit Kloppenburg came from behind to overtake a 700 vote lead by the more conservative Prosser to get a 200+ vote lead, this really feels like a last minute win for Prosser and a stunning upset of Olympic proportions. Now watch the media spin this as a questionable result. That is if it doesn't get lost in the government shutdown talk.
April 7, 2011
So the government (or use many union members seem to think of it, giver-ment) is shutting down. It would be far too simplistic for the Tea Party to simply say, "Good. Bring it Democrats." Although it would be very satisfying. Unfortunately it is a little more complicated than that.
April 6, 2011
Cheat to win. I'm not saying the Democrats have to cheat to win by 'finding' votes in close races in the dying hours, but I am implying it. Remember Al Franken? Votes were 'fond' in the trunk of a car. Sure they were real votes, and sure they were mostly for Franken. Well, it's happening again today.
I'm still reveling in the thrill of getting mentioned in Hot Air by Ed Morrissey. In response to his painting the conservative party as center-left I drew a distinction between conservatives and the conservative party in Canada as opposed to the general electorate:
The conservative party of Canada is far less of a center-left party than you suggest. While it is not currently conservative in the sense of American conservatism, it’s still a center-right party. The way it governs is affected by the country as a whole. The conservative government is hampered by decades of liberalism and socialism, so moving the country back to the right will take considerable time. The country fears conservatives as being radicals and Prime Minister Harper has had to temper his lower taxes, stronger national defense, pro-business views to suit what is still a center-left country that is slowly testing the waters with a conservative government (three elections later).
Harper’s prudence isn’t as exciting as Reagan or Thatcher in a full on charge to the right, but it’s the smartest approach in a country ready to run back to the liberals at what it regards as the slightest hint of radical conservatism. If we are to get to a center-right nation, we unfortunately have to do it slowly.
Other than that, glad as always that you are paying attention to what’s going on up here.
Leading up to the 2010 mid-term elections I wrote about the reason I felt the Tea Party should thrown its support behind the GOP and not start a third party to compete in the mid-terms. In effect, they would end up splitting the vote and leaving a gaping hole for Democrats to waltz back into a comfortable majority. Thankfully that didn't happen. But reading something today has led me to do a 180 reversal on the subject.
April 5, 2011
On a day when Paul Ryan has proposed a budget plan with $6.2 trillion in cuts over 10 years, a plan that apparently addresses Social Security, Medicare and/or Medicaid, I'm stuck being busy at work - too busy to even read about it, let alone comment. That's frustrating but I can't quit my day job.
On a day when a government shutdown is a distinct possibility because Democrats are orchestrating just that, I'm too busy to comment, but I can't quit my day job.
Libyan rebels in Brega, the same rebels the Obama administration is both covertly and overtly defending, are taking a pounding from Qadhafi forces, I'm too busy to find out more, but I can't quit my day job.
On a day where Nancy Pelosi is acting hypocritical and exhibiting verbal hyperbole - well that's just normal, never mind that one.
On a day where Obamacare took a Congressional hit via a portion being repealed, I can't do a deep dive into what's going on, but I can't quit my day job.
Unlike a Wisconsin teacher's union protester, I don't know a doctor who can write me a phony doctor's note saying I'm suffering from some illness.
I can't quit my day job. In fact I don't really want to quit my day job. In fact I'm happy to be a productive member of society in the private sector and not a government worker. In fact those people don't want me to quit my day job either - I have to fund their retirements.
April 4, 2011
Canadians are becoming more comfortable with the conservative party of Canada. It's taken a couple of elections and successive minority conservative governments in parliament, but this could be the time for a breakthrough. After the liberal, socialist and separatist parties all voted a motion of non-confidence in the governing conservative parties, polling indicates Canadians might be ready for a majority conservative government, free of the fetters of having to deal with other parties to remain in power.
With a month to go, here's a visual of the latest polling numbers. At 42%, with 5 parties in the country, the conservatives are flirting with majority government territory.
UPDATE: I got mentioned by Ed at Hot Air in his post on the Canadian election. Thanks Ed! Now, I'd like to get back to American politics.
What's happening to the U.S. dollar? It's in decline against major currencies, that's what. As debt is monetized (i.e. more and more money is borrowed and printed) the inflation that hits consumers also hits the value of the U.S. dollar. More U.S. dollars without more wealth creation means each bill holds less value. It's been referred to as more dollars chasing the same goods. There are very serious implications to this for the country and for ordinary Americans which merit a lengthy discussion. But let me first show you visually what is happening.
April 3, 2011
April 2, 2011
Alright, I am officially bitter. No, outraged, and that's saying a lot for me. I'm normally the type to talk through a disagreement, and take a rational approach to problems. Not this time. Sometimes discussion is pointless.
Muslim justice hypocrisy in 60 seconds:
An Afghan mob killed 12 U.N. workers because a pastor in the United States burned a Koran. It's an insult to Islam. Boo freaking Hoo! Not only is it a medieval and brutal overreaction from stupid peasants, it is hypocrisy of the highest order. Why? Does anyone remember them blowing up a statue of Buddha in Afghanistan in 2001? Anyone? Yes a few of us do. The same country that thinks a Koran burning is an affront to their religion deems it okay to blow up a 1700 year old stone statue of another religion. It's not the least bit funny that their reason was that it was an affront to their religion.
[(To see and hear an un-muted version, go to http://www.yoism.org/?q=node/43 and scroll a little more than 1/2 of the way down the page.)]
Islam is not a religion of peace. It is a religion of bigotry, hatred, ethnocentrism and most of all hypocrisy. Either that or it is a religion of peace but is followed predominantly by illiterate, savage thugs. If I'm wrong, where is the international Islamic condemnation of the murder of the U.N. workers? When Muslims start acting like a religion of peace, then maybe we can consider giving them credit for that. Until them, you can call me prejudiced against them. I no longer care.
In the 1973 movie Soylent Green, Charleton Heston exists in a future world where the greenhouse effect and overpopulation have contributed to massive food shortages. The food that is available is created as vegetable-based processed food rations known as Soylent Yellow and Soylent Red. Over the course of the movie, it is slowed revealed to Heston's character that their newest product Soylent Green, is made from the dead. This leads to the famous Heston line "Soylent Green is PEOPLE!" What does that have to do with Biofuel? Nothing. And everything.
April 1, 2011
Yesterday morning on the train into work (yes, I'm back at work, my personal recession was short lived), a group of university students sat next to/near me. Or rather, in groups of one or two they sat near me over the course of three stations. Overhearing their conversation was not an option, it was impossible to avoid. Along with the usual talk about parties, music, and a not too surprising lack of talk about their studies, a particular brief exchange when one at a later station joined their group, caught my attention.